Reported 1 day ago
At the Reuters Next conference, Wall Street executives expressed hope that anticipated rate cuts will prompt clients to move their substantial $7 trillion cash reserves into more profitable investments by 2025. Despite the Federal Reserve's rate cuts, cash in money markets has actually increased this year. Experts warn that holding cash has a significant opportunity cost given the higher returns seen in the stock market and other assets, raising expectations for a shift in investment strategies as monetary policy eases.
Source: YAHOO